how can i change the asset lifetime of a compound asset?

AI generated answer (using internal Slack threads):

To change the asset lifetime of a compound asset in NetSuite, you would need to manually adjust the asset lifetime each time you create a new asset. This is because NetSuite does not automatically reduce the asset lifetime per month. Here are the steps to manually adjust the asset lifetime: 1. Navigate to the Fixed Assets tab. 2. Select the asset you want to adjust. 3. In the asset record, find the field for 'Asset Lifetime'. 4. Enter the new asset lifetime in months. 5. Save the changes. Please note that this process does not automatically adjust the asset lifetime each month. If you want to automate this process, you would need to create a script or workflow. However, this could be a complex task depending on the volume of fixed assets you are creating that need this changing asset lifetime. ****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ******